According to the insurance professionals at Acrisure’s Agency Partners, we believe that this disparity points to a worrisome trend: more than 6 million households and property owners could be underestimating or unaware of the extent of their flood risks.
As leading commercial insurance brokers, our Agency Partners have examined the circumstances surrounding the pandemic, which enables them to custom-tailor policies to help protect your business from future disasters. Read on to learn more about the volatilities exposed by the pandemic and how trade credit insurance may help to serve as a solution in the future.
Floods can be miserable ordeals, even with extensive preparation. They can spring up with little to no warning and saddle you with the responsibility of a lengthy, expensive restoration period. Your business could be underwater in a flash, and you could be faced with mounting repair bills and extended interruption to your business.
High-profile cyber attacks on companies such as Target and Sears have raised awareness of the growing threat of cyber crime. Recent surveys conducted by the Small Business Authority, Symantec, Kaspersky Lab and the National Cybersecurity Alliance suggest that many small business owners are still operating under a false sense of cyber security.
The coronavirus (COVID-19) pandemic has upended the entire world, it seems. With fluctuating infection rates and conflicting official guidance, organizations will need to adapt quickly if they want to succeed in the post-coronavirus landscape.
If your home becomes uninhabitable for reasons covered in your renters insurance policy, the insurance company will reimburse you for your temporary living expenses until you are able to find a new place to live. Renters insurance is there to not only protect the belongings in your home, but so much more.
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